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A retail outlet has its own production facility for producing denim cloth. The ordering cost ($150) is the cost of setting up the production process to make the denim cloth. The carrying cost is $0.75 per yard and the demand is 10,000 yards per year. The production facility operates the same days as the retail store is open (i.e. 311 days) and produces 150 yards of the denim cloth per day. Determine:
a) The optimal order size
b) The total inventory cost
c) The length of time to receive an order
d) The number of orders per year
e) The maximum inventory level
Question: (a) Write short notes on any five leadership theories and on any three main leadership styles. (b) Your friend has just been appointed team leader at his place o
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Create a 10-12 slide presentation describing the data types. Include the following in your presentation? Introductory slide? Slide for each data type (containing a definition of th
Which do you think would be more effective for shaping long-term ethical behaviour in an organization: a written code of ethics combined with ethics training or strong ethical lead
Thinking back upon this course's content, please discuss the authors' assertion: "The logistics manager of the future will be much more of a change leader and much less of a techni
Process Planning Procedure The process planning procedure has the followings steps as shows in figure as
Last week employees at Renee's Fashions worked 360 hours to produce 128 garments. Of these, 8 were seconds which were sold at the outlet store for $90 each. The remaining 120 garme
1. Can the balanced scorecard framework also incorporate benchmarking and the theory of constraints? 2. What's a constraint? 3. Consider your own goals and the resources an
A chemical firm produces sodium bisulfate in 100-pound bags. Demand for this product is 20 tons per day. The capacity for producing the product is 50 tons per day. Setup costs $100
Job Shop Organisation - Operations Function Job shop systems generate special products or services to customer specification, with little likelihood that any particular produc
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